Today Horizons BetaPro COMEX Silver Bull Plus ETF Stock Increases. What To Expect?

 Today Horizons BetaPro COMEX Silver Bull Plus ETF Stock Increases. What To Expect?

The stock of Horizons BetaPro COMEX Silver Bull Plus ETF (TSE:HZU) gapped up by $0.83 today and has $29.48 target or 40.00% above today’s $21.06 share price. The 5 months technical chart setup indicates low risk for the $30.92 million company. The gap was reported on Nov, 1 by Barchart.com. If the $29.48 price target is reached, the company will be worth $12.37 million more.
Gaps up are useful for using as a support level and to some extent as a tradeable event. If investors already hold the stock and experience a price gap up, then its usually a good idea to hold the stock for a stronger up move. Back-tests of these patterns indicate that two-thirds of the times the stock performance improves after the gap. The area gaps close 89% of the time, the breakaway gaps, 2%, the continuation gaps 4% and the exhaustion gaps 61%. About 28,302 shares traded hands. Horizons BetaPro COMEX Silver Bull Plus ETF (TSE:HZU) has risen 26.97% since March 28, 2016 and is uptrending. It has outperformed by 23.96% the S&P500.

More notable recent Horizons BetaPro COMEX Silver Bull Plus ETF (TSE:HZU) news were published by: Theglobeandmail.com which released: “Silver’s ‘sweet spot’ for seasonal buying has arrived” on January 02, 2013, also Seekingalpha.com with their article: “No ‘Bull’ About Leveraged Gold Bull ETFs” published on November 21, 2012, Business.Financialpost.com published: “ETF closings are just part of the game” on June 29, 2012. More interesting news about Horizons BetaPro COMEX Silver Bull Plus ETF (TSE:HZU) were released by: Stockhouse.com and their article: “Microcap Report: Convalo Health (V.CXV) up 190% on TSX Venture debut” published on February 17, 2015 as well as Theglobeandmail.com‘s news article titled: “An easy way to play complex sectors” with publication date: February 11, 2011.

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